The transportation industry is kind of like the oil in an engine for an economy. You have all these moving components, industry and consumers, and transportation keeps everything moving and connected. Especially when transportation is unreliable, it can suddenly throw everything into chaos.
Major industries have been growing steadily over the last few years in North America and are more in need than ever of reliable coast-to-coast transportation in Canada. Here are four specific industries that can benefit from reliable transportation more than ever before.
Natural resources industry
The natural resources industry has seen exponential growth in the past number of years. Mining, logging, and oil industries are doing great and show no signs of slowing down soon. This is because of increased production, domestic consumption, and increased trade with other countries, especially the United States and China.
These booming industries have led to many new jobs. Few other industries rely so heavily on reliable coast-to-coast transportation in Canada. This includes the production side, such as moving heavy equipment to locations, and the consumption side, where products are moved to trains and ports for export.
As a compliment to other economic growth, the construction industry has been doing particularly well. Construction in general tends to work in tandem with other economic activity. When new mines are put into place, when a factory is built or when new jobs are created leading to housing development, construction industry helps fuel economic growth.
Just like natural resource development, the construction industry relies heavily on reliable coast-to-coast transportation in Canada. Unlike what most people assume, construction companies often rent equipment, or have their own equipment shipped using sub-contracting services. Reliable transportation can get this equipment from coast to coast to even the most difficult terrains. This is how growth happens.
Retail distribution is probably most people’s favorite industry—when people have money, they usually want to go out and spend some of it. Especially when the economy is doing well, more people go out and enjoy shopping for everything from shoes to new cars. Transporting all of that retail merchandise is like a massive web of producers, freight companies and receivers. Many companies are involved in this process, all attempting to make the process smoother and more efficient. This brings down overall costs and ensures stores are well stocked.
The automotive manufacturing industry has also seen significant recovery over the past few years. You might not expect how much logistics matter in this industry, until you think about how many parts go into car manufacturing, and understand that in many cases these parts are coming from all over Canada, North America and indeed the entire world. Ships, trains, and trucks are all part of the process to get that factory putting out cars. These parts need to be well stocked to fuel the manufacturing of cars, so just like the other industries mentioned, they benefit greatly from reliable coast-to-coast transporting in Canada.